YELP INC — Director's Dealing 2025

Sep 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: YELP INC (YELP)
CIK: 0001345016
Period of Report: 2025-09-05

Reporting Person: Nachman Joseph R (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-05	Common Stock	M	13325	$20.47	Acquired	246993	Direct
2025-09-05	Common Stock	S	13325	$31.951	Disposed	233668	Direct
2025-09-05	Common Stock	S	7000	$31.9535	Disposed	226668	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-09-05	Employee Stock Option (Right to Buy)	$20.47	M	13325	Disposed	2026-03-09	Common Stock (13325)	Direct

Footnotes

F1: Shares were sold pursuant to a duly adopted 10b5-1 trading plan, adopted by the reporting person on December 2, 2024.

F2: The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $31.72 to $32.29, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

F3: The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $31.72 to $32.31, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

F4: Fully vested.